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will happen until after the elections. we have the tax cuts expiring, spending programs expiring. a lot of people think it will lead to a recession in 2013. how do you think this gets resolved, an what subpoena the impact? >> i wish we had better elections in this country. the reason we have bad government in the country is because we have bad elections. what i mean by that is we don't talk about the important issue. one thing that both sides could agree on today is the pace of deficit reduction. they may go about it different ways but we need to bring the deficit down gradually. right now we are facing the fiscal cliff. nothing will be resolved before november. i believe political forces after the november election will push both sides to a compromise. the one tax that will come down is the uncertainty tax. the uncertainty of washington politics will be positive for the u.s. economy. >> that's true. companies have been in lockdown mode. they don't want to make a decision with uncertainty out there. >> it is infuriating. >> it is. >> watching washington not understand the incredible dra
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